2038 N College Ave Indianapolis, Indiana
4 bed • 3 bath • 8 guests
Purchase Price
$76,825
Annual Revenue
Median of 25 comps selected by Savvy, creator of this analysis.
- Avg Daily Rate
- $473
- Occupancy
- 45%
$10k
$75k
$135k
$205k
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Seasonality
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$16,091
Profit
Revenue
$76,825
Operating Expenses
$31,734
Operating Income
$45,091
Mortgage & Taxes
$29,000
Profit (Cash Flow)
$16,091
$112,309
Cash Investment
Down Payment
$85,980
Renos & Furnishing
$13,432
Closing Costs
$12,897
Total
$112,309
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
14.32%
Cap Rate
10.48%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$20,403
Deductible property tax
$4,256
Estimated gross deduction
$124,369
Your income tax rate
Estimated tax savings
$37,311
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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